Every figure below comes from the actual deal — purchase price, refurbishment cost, fees, valuation and rent. We publish the workings because that’s how we’d want a deal presented to us.
Buy – Refurbish – Refinance · Purchased December 2025 (cash) · Two-month refurbishment
| Item | |
|---|---|
| Purchase price (cash) | £71,500 |
| Refurbishment | £28,294 |
| Fees — legal, SDLT, sourcing, survey | £11,075 |
| Total invested | £110,869 |
| End valuation | £125,000 |
| Refinance — 75% LTV @ 5.39% (interest only) | £93,750 |
| Money left in | £17,119 |
| Rent | £795 pcm |
| Net cashflow after mortgage & insurance | £352 pcm |
Full back-to-brick refurbishment: complete rewire, new boiler, new kitchen, new bathroom — the separate WC and bathroom were knocked into one larger family bathroom — structural alterations with RSJs installed, full re-skim throughout, new flooring and carpets throughout.
Before
After
Buy – Refurbish – Refinance · Refurbishment complete · Awaiting end valuation
The refurbishment is complete and the property is with the lender for its end valuation. Full numbers — refurb cost, fees, valuation, rent and return — will be published here once the refinance completes, with the same level of detail as our other case studies.
After
Buy-to-let · Held within the portfolio
A steady, long-term rental held within the portfolio — let at £650 per month against a current value of £80,000, a 9.75% gross yield. Solid single-let stock in a proven Teesside rental area.
The Property
All figures are taken from actual completed transactions and are stated as at the date of each project. Property values can go down as well as up and past performance is not a guarantee of future results. Figures marked TBC will be published once the relevant transaction completes.
This is the level of detail every Denning Property investor receives — before committing a penny.
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